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At the break-even point, what are the revenues? (Read the nearest grid line on the y-axis.)
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Find out where the lines cross (revenue and cost). Then read over to the y axis. Follow the straight horizontal line.
So they cross at $157,483 then what do i do with that?
that's the revenue (and also the cost). The two are equal here giving you a profit of 0 when you subtract (Revenue - Cost)
Break even point is when profit = 0 or when revenue = cost
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Oh okay sorry it came with a formula so i was confused on what to do with it! Thank you for the help
You could use the formula, but the graph is much easier (in my opinion).
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